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Real Estate Prices & Overview

Edgewood median real estate price is $136,478, which is less expensive than 96.8% of Maryland neighborhoods and 90.7% of all U.S. neighborhoods.

The average rental price in Edgewood is currently $2,793, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 43.5% of Maryland neighborhoods.

Edgewood is an urban neighborhood (based on population density) located in Baltimore, Maryland.

Edgewood real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) townhomes and single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Edgewood neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Vacant apartments or homes are a major fact of life in Edgewood. The current real estate vacancy rate here is 20.4%. This is higher than the rate of vacancies in 88.1% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

If you love row houses and attached homes, you will probably really like the Edgewood neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 89.9% of the residential real estate here is classified as row houses and attached homes.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (30.6% ride the bus) than 99.7% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Occupations

The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Edgewood neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 17.7% of its workforce, this neighborhood has a greater concentration of government workers than 98.4% of U.S. neighborhoods.

People

Single parenting is hard. But you don't have to tell the Edgewood neighborhood about it; they already know. 22.1% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 98.0% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Edgewood neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Edgewood neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 13.1% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 97.9% of all neighborhoods in America.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Edgewood neighborhood buck this trend. 26.8% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.7% of U.S. neighborhoods.

Diversity

Did you know that the Edgewood neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 22.2% of this neighborhood's residents have African ancestry and 23.5% have Sub-Saharan African ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Edgewood neighborhood in Baltimore are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 85.9% of U.S. neighborhoods. With 43.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 91.4% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Edgewood neighborhood, 33.5% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 31.9% of the residents employed. Other residents here are employed in executive, management, and professional occupations (23.5%), and 17.7% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Edgewood neighborhood is English, spoken by 99.1% of households.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Edgewood neighborhood in Baltimore, MD, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (23.5%). There are also a number of people of African ancestry (22.2%).

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Edgewood neighborhood spend between 30 and 45 minutes commuting one-way to work (29.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods. However, there is also a significant group of residents (13.1%) who commute over an hour in each direction.

Here most residents (48.5%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (30.6%) and 12.7% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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